GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. (NYSE: DX) announced today that it has rescheduled
its quarterly conference call to discuss its third quarter results to
10:00 A.M. ET on Thursday, November 1, 2012. Previously the call was
scheduled for 11:00 A.M. ET the same day.

The press release to be discussed on the call will be available online
at www.dynexcapital.com
under “Investor Relations/Highlights.” The conference call may be
accessed by dialing 1-877-317-6789 and will also be webcast online at www.dynexcapital.com
through a link provided under “Investor Relations/Highlights.” A slide
presentation will accompany the webcast and will also be available one
hour prior to the call at www.dynexcapital.com
under “Investor Relations/Highlights.”

Dynex Capital, Inc. is an internally managed mortgage real estate
investment trust, or mortgage REIT, which invests in mortgage assets on
a leveraged basis. The Company invests in Agency MBS, non-Agency MBS,
and CMBS. The Company also has investments in securitized single-family
residential and commercial mortgage loans originated or purchased by the
Company during the 1990s. Additional information about Dynex Capital,
Inc. is available at www.dynexcapital.com.

“Safe Harbor” Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding the
business of Dynex Capital, Inc. that are not historical facts are
“forward-looking statements” that involve risks and uncertainties. For a
discussion of these risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking
statements, see “Risk Factors” in the Company’s Annual Report on Form
10-K and other reports filed with the Securities and Exchange Commission.